FOR SALE
offers over $540,000

1&2/20 Jannila Avenue
Cranbrook QLD 4814

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 61m2
Land area: 809m2
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**Prime Investment Opportunity: Dual-Income Duplex**

This rarely available duplex offers a unique chance for the savvy investor to secure both immediate holding income and capitalize on the strong capital growth in Cranbrook. Situated just minutes from Townsville's premier shopping destination, Stockland Shopping Centre, you'll find everything you need right at your doorstep.
please note *Additional photos will be available next week."
This low-maintenance property features two tidy 2-bedroom, 1-bathroom flats, perfect for a dual investment strategy-live in one and rent the other, or lease both for maximum return.
Key Features:
Unit 1/20 Jannila Avenue leased at $350 per week
Unit 2 20 Jannila Avenue leased $380 per week
Council Rates and Charges:
Rates: $1,311.44 (semi-annual)
Utilities: $2,173 (semi-annual)
State Emergency Levy: $121.70 (semi-annual)
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Property Details for 1&2/20 Jannila Ave, Cranbrook

1&2/20 Jannila Ave, Cranbrook is a 4 bedroom, 2 bathroom DuplexSemi-detached with 2 parking spaces. The property has a land size of 809m2 and floor size of 61m2. The place is currently for sale with Blink Property QLD.

Building Type
DuplexSemi-detached
Floor Size
61m2
Land Size
809m2

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About Cranbrook 4814

The size of Cranbrook is approximately 3.4 square kilometres. It has 6 parks covering nearly 8.2% of total area. The population of Cranbrook in 2011 was 6,146 people. By 2016 the population was 5,926 showing a population decline of 3.6% in the area during that time. The predominant age group in Cranbrook is 20-29 years. Households in Cranbrook are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cranbrook work in a professional occupation. In 2011, 67% of the homes in Cranbrook were owner-occupied compared with 65.1% in 2016.

Cranbrook has 2,684 properties. Over the last 5 years, Houses in Cranbrook have seen a 93.34% increase in median value, while Units have seen a 43.38% increase. As at 31 October 2024:

  • The median value for Houses in Cranbrook is $457,160 while the median value for Units is $250,338.
  • Houses have a median rent of $480 while Units have a median rent of $350.
There are currently 21 properties listed for sale, and 10 properties listed for rent in Cranbrook on OnTheHouse. According to CoreLogic's data, 159 properties were sold in the past 12 months in Cranbrook.

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